is Reagan a meme or an actual great president?
He was solid. If it wasn't for his policies, the economy in the 90s wouldn't have been as good.
>>72474532
>amnesty, which ruined the US long term and set a precedent for mass immgiration
>free trade, sent jobs to the third world
>de-industrialised the US
>started the neocon foreign policy
>started trickle down bullshit, which has led to 30 years of wage stagnation
Nope. The original cuckservative.
>>72474855
So true. Not to mention the machine gun ban.
The Reagan meme is just Jews testing how stupid conservatives are.
he defeated the soviet union with a couple of good speeches, his positive cultural impact is unquestionable.
his actual policies can be criticized until the cows come home.
>>72474532
He was a Democrat.
>>72474532
https://www.youtube.com/watch?v=tpH5L8zCtSk
Reagan is a mixed bag
Reagan pros
>increased military spending
>peaceful ending with USSR
>generally good foreign policy
>Greatest FED chairmen of all time (Volcker)
>told good jokes
https://www.youtube.com/watch?v=mN3z3eSVG7A
Cons
>decreased public spending
>increased SS tax
>deregulated wall street
>outsourcing
>amnesty for illegal mexicans
>Iran Contra
>>72474532
Notable actions of Reagan:
1. Provided amnesty to millions of mestizo illegal aliens and set up the means for them to bring their families across the border to join them, dealing the single biggest blow to the white percentage of the US population in history
2. Who the fuck cares
9/10
>turned back liberalism for a generation
>de-regulated and privatized
>hastened the fall of Soviet Union by increasing military spending and befriending Gorbachev (the real man that ended the Cold War).
>nominated conservative judges like Scalia who achieved some major victories
>>72474966
Yeah, some B-Movie actor brought down an empire with mere words.
>>72474532
all the "best" presidents are memes, look at fucking trumps popularity already
>>72474532
He's the pinnacle of cuckservative, single handily wrecked the demographic makeup of the USA and set up the conditions to which would lead to the ethnic displacement of all Europeans. He's the poster child to which all cucks hope to live up to.
>>72475300
volcker destroyed the economy. the 1970s inflation was caused primarily by supply shocks. hiking up the interest rates probably decreased inflation quicker than it would have otherwise but at the expense of completely destroying america's economy. the rich used the poor economic conditions to destroy the bargaining power of workers. we still haven't recovered from it.
reagan's economic ideology is a proven failure. since the 1980s reaganism-thatcherism has been dominant but unemployment has been higher and economic growth lower, significantly, than the 1945-1980 period when keynesian economics dominated.
He brought no-fault divorce to the US so his own divorce would be normalized and he could be president. In the process, he planted the seeds of destruction for the American nuclear family. That alone makes him the worst president by a wide margin. When you lament the decline of traditional family values, remember it was Reagan who started the ball rolling.
>>72475079
Single tear*
I wish you could know this feel, leaf
Mother fucking Iran-Contra
>>72474855
Also, shut down a ton of mental health faculties. Now all those degenerate nutjobs procreated and created autistic SJWs
>>72474532
Reagan actually kinda sucked
t. random person on the internet
>>72475463
>got into no major wars
>blew out commies in Latin America
>policies led to massive job growth
>restored America's self-confidence after Vietnam
>laid the foundations for the tremendous prosperity of the 90s and early 2000s
>very talented speaker and publicly admitted he lied about Iran-Contra.
He promised free market but ended up half assed market. IMO, that's his biggest failure.
>>72475676
the US economy was destroyed by outsourcing, mass immigration, and centralization and deregulation of wall street, not higher interest rates
>>72475463
>nominates Scalia
>Scalia leans right on issues
>wow, truly Reagan was the pinnacle of all presidents
He was an actor the Jews brought into the White House and literally controlled, he was suffering from Alzheimer's in his last term
>>72474532
>every single election since Reagan
>at every GOP event
>"Presidential Candidate X: tell us why you love Ronald Reagan"
>Presidential Candidate Y: "Ronald Reagan said..."
>Presidential Candidate Z: "I'm a Reaganite."
>Moderator: "Reagan's balls are the best tasting balls in the union, with this in mind, I'd like our candidates to explain why they love the taste of Reagan's cock"
>People wonder why Millhouse is a Meme
>anti gun freedom hating militaristic statist
A meme for the neocon republicunts
He was a faggot kike.
>>72475888
>>policies led to massive job growth
unemployment was higher and growth lower than during the 1945-1973 period, a period whose policies he explicitly rejected. he was a failure and his ideology has been proven to be a failure.
>>72474532
>started war on drugs
No. Filthy degenerate neocon cuckservative.
>>72475970
Obama fucked over the economy more with the wall street bailout than anyone else ever could have
http://www.counterpunch.org/2016/01/15/the-chart-that-explains-everything/
>>72474532
He started the trickle down economics meme, which would be true if we were living in an isolationist country with isolated businesses and corporations. The fact that he was spouting that shit while doing everything he could to expand global trade at the expense of the average American worker solidifies him as one of the worst in my book at least.
>>72476053
you realize it was in the middle of a crime wave right?
>>72474532
>globalist hawk
>great president
>amnesty for 3 millions illegals
>great president
>>72475970
over the long-term, yes, but volcker's late 70s rate hikes caused a severe recession which reagan and the business interests used to crush unions and weaken the bargaining power of workers. the recovery under reagan was only the result of the easing of interest rates, not anything to do with his policies (which were all complete failures).
of course, reagan was also behind immigration, outsourcing and deregulating wall street so he's responsible for that too. but volcker's rate hike was a major part of the destruction of the post-War American economy since they were used to weaken worker's bargaining power and give more power to the corporations.
>>72476117
trickle down doesn't work because all the money stays in wall street banks, none is put into the real economy
>>72475973
you mean the Jews in the unions or the Soviet Union? He destroyed both of them. Liberal Jews as well. You're talking like a commie.
Autist here
Can somebody explain why trickle down doesn't work?
>>72475300
>Ran like a bitch out of Beirut
>beats up Grenada instead
>trickle down economics creates a bubble that grows over the course of his presidency, H. W. Bush contains it by raising taxes a bit
>pops all over Clinton
>"SUPPLY SIDE EC IS THE ONLY WAY THE ECONOMY CAN GROW, FUCKING LIBERALS DESTROYING THE ECONOMY"
>same thing happens to Obama after bush's shitshow of a presidency
Bravo cuckservatives
>>72475676
>reagan's economic ideology is a proven failure. since the 1980s reaganism-thatcherism has been dominant but unemployment has been higher and economic growth lower, significantly, than the 1945-1980 period when keynesian economics dominated.
are you seriously saying the economy isn't overall a lot better than it was in the 1970s? Did you really think inflation was a good idea? That unions could pretty much get away with murder?
>>72476311
When you give businesses money, they will expand.
When you give globalized businesses money, they will expand wherever is cheapest.
Trickle down economics can't work when American workers expect to be above competing with the third world.
>>72476117
>>72476230
>/pol/ shitting on trickledown
Holly hell, back when this board was dominated by libertarians (statist was considered a serious insult) trickledinduism was rampant. Oh boy don't you dare attack the wealthy, they are sacrosanct.
How fast the times change.
>>7247631
You can't drastically increase government spending while dropping taxes to 20% or whatever it was without creating astronomical amounts of debt
>>72476221
>caused a severe recession
short-term pain for long-term gain
>crush unions
a good thing, unions are price-fixing cartels and should not be allowed to run organizations into the ground
>more power to the corporations
better than more power to the government, as always
>>72476520
Nigger, no one is attacking the wealthy, but if you're not against corporate welfare, you're a fucking bootlicker.
>>72476221
>volcker's rate hike was a major part of the destruction of the post-War American economy since they were used to weaken worker's bargaining power and give more power to the corporations.
Well that's not good I agree
>not anything to do with his policies
Increased deficit spending saved the economy though. The problem is the cutting of public spending (which has been more severe under Obama)
>>72476221
Not sure we can blame outsourcing costing us jobs on Reagan. Nor immigration:
http://cis.org/all-employment-growth-since-2000-went-to-immigrants
As someone who worked through the 90s, I can assure you, we had more work than workers.
>Assault weapon ban
>destroyed manufacturing sector
>good
Ronny was an asshole. Any cuckservative that sucks his balls is just pandering to the people that don't actually know how fucked he actually was.
>>72476520
>Austrian economics advocates trickle down
>>72476019
>unemployment
slightly higher in exchange for 15 million new jobs
>>72476420
the 1970s inflation problems were caused by OPEC oil supply shocks. hiking up interest rates brought inflation down *faster* than it would have otherwise but the severe recession they caused wasn't worth it. inflation would have stabilized anyway as the oil price came back down without a huge recession.
unions getting away with murder was better than corporations getting way with murder. when unions were strong in pre-reagan america wage growth was higher, economic growth in general higher and unemployment lower than they were in post-reagan america.
>>72476628
Carter, Reagan, and Clinton basically legalized fraud for Wall Street
That's not a good thing becuase now they can create credit bubbles (housing bubble, dot com bubble, current stock market buyback bubble) at whim
http://cepr.net/documents/publications/dereg-timeline-2009-07.pdf
>>72476433
>>72476311
they can't, America is a great place if you aren't a loser, and autistic liberals can't handle it because muh unions
>>72474641
Idiot.
>>72474966
Fair.
>>72475463
idiot
>>72475970
Non-cuck
>>72476092
Be weary of the man of one book, or in this case, chart
>>72476628
>short-term pain for long-term gain
post-reagan america has higher unemployment, zero wage growth and lower economic growth than pre-reagan america from 1945-1973. he explicitly rejected the policies that created that greater prosperity.
it was short term pain for long-term pain. all of reagan's policies have been failures and the economy has been worse on every level since reagan's presidency.
>>72476409
Clinton was handed the reigns of the Reagan economy, just like Blair from Thatcher in UK.
>>72476811
I agree
Higher real wages are better for the working class because it increases buying power for consumers.
That was the whole point of the "high wage doctrine" started by Henry Ford.
>>72474966
>he defeated the soviet union with a couple of good speeches
He was in the right place at the right time you cuck.
>>72476921
Clinton ruined the economy by passing NAFTA and revoking Glass Steagall
Millions of jobs went to China because of Clinton.
>>72476830
the true cause of the bubble that burst in 2008 was government keeping the interest rates too low, for too long. Opposite of Reagan's principles. Add in the government encouraging home ownership beyond any reason.
>>72474532
I feel like he bloated the military to an unreasonably large size that the government has been struggling to justify and maintain ever since.
>>72477023
I'd say Reagan did a good job of increasing military spending, the USSR tried to keep up and it bankrupted them.
>>72474532
I'm not old enough to know through living experience, all I know is we're not all dead from nukes so he must've done something right.
>>72474532
His "trickle down" economics was bullshit.
He made the jews into a hyper wealthy elite .01% that can control our political process and threaten to take jobs and money elsewhere if they dont get their way.
The guy was a fucking actor, not a politician.
>>72476811
>economic growth in general higher
>>72477043
between Reagan and Clinton (who mostly inherited Reagan's policies and lack of Soviet Union to deal with) there were 40 million jobs in 20 years.
>>72477124
Would you rather be subservient to the Soviet Union or China?
>>72476921
the clinton-blair boom of the late 90s and early 2000s was entirely the result of increased consumer spending due to increased consumer debt which was proven unsustainable in 2007-2008. it was the only way the modern economy can boom because wages don't grow anymore thanks to thatcher and reagan's policies.
real wages used to grow in line with the economy but wages haven't increased since the 1970s, this is a direct result of reagan-thathcer policies.
>Reagan
>is
>a
>MOTHER FUCKER
Reagan, highlord of the pant shitter's clan
https://www.youtube.com/watch?v=JQgwoUex2JU
>>72474532
Nice mastery of English tenses.
>>72474532
Meme because he failed to implement the Star Wars plan.
>>72474532
Biggest meme president ever.
>>72477074
low interest rates don't cause housing bubbles by themselves or else we would be in a housing crisis right now since interest rates are still near 0%
the real cause was deregulation of wall street which allowed banks to collude to lower standrards and increase bad loans (liar loans or NINJA loans, meaning No Income No Jobs No Assets) and the government encouraging banks to lend to illegals and minorities using sub prime mortgages because das racist.
>>72476311
This >>72476433
Trickle down economics worked great for China.
>>72477284
Was there ever a threat that either scenario could actually have happened?
>>72477310
>real wages used to grow in line with the economy but wages haven't increased since the 1970s, this is a direct result of reagan-thatcher policies.
mean wage is up 50 percent since 1980.
>>72477332
was a*
one of the worst we've ever had and its hilariously ironic that he's somehow seen as a conservative icon
>>72477418
http://www.pewresearch.org/fact-tank/2014/10/09/for-most-workers-real-wages-have-barely-budged-for-decades/
>>72477262
except wages went down, debt went up, housing costs went up, and good jobs were sent overseas while low wage jobs replaced them in the US
Income for workers overall decreased because of their policies while wealth was concentrated in wall street due to debt leveraging.
>>72475984
Millhouse will never be a meme.
>>72474966
the soviets ruined themselves, nerd.
>>72477383
Greenspan admitted it was the Fed at the root of it all.
>>72477415
Of course, you're just viewing history with the benefit of hindsight.
>>72477535
>median
I'm not a commie so I look at the average of the whole, not a narrow band in the middle. All I care about is whether wealth is increasing. With our high technological growth and productivity growth, we have clear signs that our people are getting wealthier and wealthier. Compare your smartphone to an Apple II. Compare your healthcare now to healthcare 30 years ago. Compare your car, your TV, the cost of your clothes and the abundance of food. All of these things are brought to us by the free-market forces that Reagan supported.
>>72475300
Iran contra was a pro not a con. Sandniggers killing each other and using WMDs is always awesome.
>>72477768
Well essentially it was the FED's promise that wall street would be bailed out when the economy crashed that assured the big 5 banks (Goldman Sachs, JP Morgan, Citibank Bank of America, Wells Fargo) that htey could make as many fradulent mortgages as they liked and would face no consequences.
And Greenspan (and his successors Ben Bernanke) was true to his word, the banks were saved while the working class got to suffer drowning in debt and a bad economy while their jobs continue to get outsourced to China.
>>72477954
>even though it's harder to get a job and buy housing and social mobility is totally frozen, things are better because muh iphone
things that matter -- being able to find a good job, being able to buy housing, being able to have a family, being able to improve your social position -- are much harder than ever before.
the things that don't matter -- cell phones -- are better than ever before.
wow things must be going great.
>>72477383
the fact that people were putting money into houses is incidental. a "bubble" is forming, because cheap money is being borrowed, when it should not be. less borrowing, and more saving, is what ought to be happening -- how much is irrelevant, and particularly so when the interest rate is so close to 0%. it obviously should be higher; time isn't fucking free. the savings rate among private individuals reflects this.
>>72477954
>muh ability to buy cheap shit is more important than working as a barista with a masters degree
>>72478255
>cheap money is being borrowed
Money isn't being borrowed because banks aren't lending
http://www.unz.com/mwhitney/the-chart-that-explains-everything/
banks aren't lending because there's no demand in the economy right now because individuals are so soaked in high debt levels and have such low wages that they can't afford to buy anything.
That's why
1. Inflation levels are low
and
2. the economy is stagnant.
However if interest rates increase then the toxic mortgages still held by wall street would cause all the big 5 "Too big to fail" banks" to collapse like Lehman Brothers in 2008.
In other words we are going to be in perpetual economic stagnation just to save Goldman Sachs.
>>72474532
Reagan > Kennedy > Eisenhower > Nixon > Clinton > (power gap) > Bush > Ford > Carter > (power gap) > LBJ
as far late 20th century presidents go. Reagan ended the 44 year Cold War and got us on better terms with Russia. It was glorious to be an American in the 80s. Now it's a shame.
>>72478542
What happens if Goldman Sachs just absolves the toxic debt its carrying? Or sells it to the government for dirt cheap and they absolve it?
>>72474532
Both, he, along wit the Thatch, was more of a mascot for the west. He kept morale up during the end of the cold war. He was alright.
>stole full auto firearms from the American people
A cuckservative through and through.
>>72478768
In any debt write down scenario Goldman Sachs loses money because the whole point in holding a mortgage is that some homeowner is making rent payments to whoever holds the mortgage for the next 30 years.
They want the toxic mortgages, but don't want to go out of business either. The only solution to keep Goldman Sachs running is to keep interest rates at 0 for the next 30 years and stagnate the economy.
>>72479003
But that's my point. Wouldn't returning to a normalized economy be more profitable then holding on to debt that won't be paid? The more people default on those loans, the worse of a position it puts Goldman in.
>>72479163
no this is better for Goldman Sachs because now they get billions of free dollars from the FED (at low interest) so they can gamble on foreign currency exchange (at high interest)
they've got a license to print money know when they didn't before.
>>72476420
Unless you're either blind or completely autistic, the economy today is complete shit and on the verge of collapse. If not for the life support that is free money for big banks in the form of ultra low interest rates, it would have collapsed literally years ago. The economy in the 70s had problems, but no one needed two jobs just to make ends meet. And most families were still single income.
I'm waiting for a bubble crisis to happen in countries like Australia, New Zealand, and Canada, and even the UK. These countries have been getting bullish real estate pasting decades that insists market value should only increase. Many of these people are lucky, where the high resale prices have given an appearance of wealth. It's a fake currency that requires high demand of everyone to want to move to these markets in order for it to be stable. In the end the money isn't there.
Perhaps once the Chinese comprehensively need to pull that money back in to live in their own country, where 20% of property owners in New Zealand want to now sell their house, and the outrageous house valuations don't make sense anymore
>>72480039
Australia has massive housing price bubbles, especially in Sydney.
>>72476433
When one person has $1B, it sits in the bank not doing shit for the economy. When 1M people have $1K each, they spend it.
>>72476628
Massive cuck detected
Communists read Marx and Lenin
Anti-Communists understand Marx and Lenin
So fucking true even today
>>72476420
The economy right now is a house of cards propped up by foreign investment. The stock market is high because 1/3 of it is foreign investments, and there is nothing else to invest in. The economy writ large would be 1/4 smaller if it weren't for investments. Wages have stagnated since the 70s. Millions of jobs have been offshoresd just in the last few years dozens of corporations have gone with them. Small businesses can't get off the ground. ALL EMPLOYMENT IN AMERICA SINCE 2000 HAS GONE TO IMMIGRANTS. The real unemployment rate is somewhere between 15~30%. GDP is up because it's basically a measure of consumer and government spending. Business transactions make up ~20% of GDP. So long as we keep buying cheap consumables which need to be replaced and the Feds keep raising welfare rates, GDP will keep going up.
Meanwhile. Our infrastructure is collapsing. Our power grid is overloaded. Our education system is inadequate and pumping out worthless degrees. We've gone from a manufacturing economy to an information economy to a service economy in one generation. No one is working. No one is earning. And somehow we have young adults with enough time and depression on their hands that chopping off their dicks is looking like a viable lifestyle change.
>>72480105
I just don't see these prices collapse anytime soon, just stagnating.
All young people want to move to high population areas, and unlike years past, it's not the suburbs where homes just keep getting built to meet demand. I have had friends that moved to San Fransisco right after college, accepted a lower pay (because everyone wants to work there) and paid out the ass in rent (because everyone wants to live there). Checking up on them again, they are still poorer, unlikely to accumulate wealth. I'm guessing they will also be putting off children as they are an absolute burden on finances. So they stay in the city.
I believe we have a generation that shuns wealth.
Meanwhile I'm just pocketing money because I don't have confidence in anything and 25% of my income goes to my 401k. I pay change to live in an old crappy house with my friends in a neighborhood that for whatever reason scares my parents. I haven't made any large payments in the 3 years that I've worked. I'm waiting for something to happen.
>>72477160
It also bankrupted us
>drastically increasing the size of the military while drastically cutting taxes
>wasn't even during real wartime
What a fucking KEK
U
C
K
>>72480108
>he fell for the "rich people keep all their money locked in a giant vault" meme
Rich people invest their money which is the very definition of "doing shit for the economy". Do you really think that all wealthy people have a big Scrooge McDuck swimming pool full of gold coins hidden in their basement?
Money that is invested grows. Money that sits in the bank loses value. Poor people may not realize this but rich people most certainly do.
>>72481267
Well. Hedge funds.
>>72478768
What happens if Jews just stop worshipping the devil and fomenting war and kidnapping and scheming, and just live regular honest lives?
What happens if rapists take up pottery instead?
>>72481267
Holding stocks and collecting dividends or other non societal advancing 'investments' fall under the same category. Its cash sitting somewhere if not directly in Scrooge McDuck's vault. Its not the same as spending cash on things that are actually produced.
